United Airlines Holdings, Inc. (UAL) Options History
Historical options analytics archive for UAL with monthly max pain, implied volatility, gamma exposure, and put/call data.
190 months of complete options data available.
UAL monthly aggregates
Month-by-month rollups derived from the daily snapshot archive for UAL. Volatility and put/call columns are averages across trading days within the month; max pain, net GEX, and net DEX are the end-of-month values (last trading day of the month).
| Month | Days | Avg ATM IV | Avg IV Rank | End Max Pain | End Net GEX | End Net DEX | Avg P/C |
|---|---|---|---|---|---|---|---|
| 2026-07 | 22 | 51.9% | 35.0% | $115.00 | $9.1M | -$671.8M | 1.04 |
| 2026-06 | 21 | 54.3% | 41.1% | $110.00 | $15.0M | -$1.33B | 0.75 |
| 2026-05 | 20 | 55.0% | 42.8% | $97.50 | $25.8M | -$1.29B | 0.73 |
| 2026-04 | 21 | 59.6% | 43.4% | $95.00 | $1.8M | -$65.0M | 0.84 |
| 2026-03 | 22 | 65.8% | 39.9% | $93.00 | $36.6M | -$517.0M | 0.58 |
| 2026-02 | 19 | 49.4% | 16.4% | $105.00 | -$1.9M | -$328.1M | 0.91 |
This archive aggregates UAL's daily end-of-day options snapshots into monthly summaries, spanning 2010-10 through 2026-07. Each month rolls up the underlying snapshot archive, which provides continuous end-of-day coverage from 2007 to present: implied-volatility levels, IV rank, and the put/call ratio are time-averaged across the month; total call and put volume are summed; and dealer positioning (net gamma and delta exposure) and the max-pain strike are taken at the month's final trading day. The result is a long-horizon view of how UAL option pricing, volatility regime, and dealer hedging pressure evolved month over month, useful for backtesting strategy assumptions and for studying volatility-regime shifts around earnings and macro events. The most recent aggregated month (2026-07) shows an average ATM implied volatility near 51.9%, a month-end max-pain strike around $115.00, an average put/call ratio of 1.04.
2026
Jan | Feb | Mar | Apr | May | Jun | Jul
2025
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2024
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2023
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2022
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2021
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2020
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2019
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2018
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2017
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2016
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2015
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2014
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2013
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2012
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2011
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2010
Frequently asked UAL history questions
- How much options history is available for UAL?
- This archive holds 190 months of UAL options analytics, spanning 2010-10 through 2026-07. Each entry is a monthly rollup of UAL's daily end-of-day options snapshot record, which provides continuous coverage from 2007 to present. Use the year-grouped links on this page to jump to any specific month within the UAL archive.
- What data does each monthly UAL aggregate contain?
- Every monthly row summarizes that month of UAL option activity: time-averaged ATM implied volatility and IV rank, the month-end max-pain strike, end-of-month net dealer gamma (GEX) and delta (DEX) exposure, the average put/call ratio, and total call and put volume. For example, 2026-07 recorded an average ATM implied volatility near 51.9%, an average IV rank of 35.0%, a month-end max-pain strike around $115.00, an average put/call ratio of 1.04.
- How is the UAL options-history archive built and how often does it update?
- The archive is derived from UAL's daily end-of-day options snapshots, which capture spot, the full listed chain, implied volatility, and dealer-positioning exposures each trading day. Those daily records are rolled up into the monthly summaries shown here and refreshed as new end-of-day data lands. Traders use the long-horizon view to backtest strategy assumptions, study how UAL's volatility regime shifts around earnings and macro events, and compare current dealer positioning against historical norms.